Finance
It’s been fun running this little corner of the internet, but as this instance’s time has come, so has this community’s. If you’re looking for an alternative, I run a similar Lotide community, which you can post to at @Finance@narwhal.city.
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The digital assets of The Weather Channel, owned by IBM since 2016, will form a standalone company backed by investment firm Francisco Partners. https://www.hollywoodreporter.com/business/business-news/the-weather-company-sold-francisco-partners-1235571884/
This time it’s Sheraton hotel workers claiming retribution, including by being asked to show their immigration-related papers. https://www.hollywoodreporter.com/business/business-news/sheraton-universal-alleged-retaliation-against-protesting-workers-1235571500/
As pay-TV giant MultiChoice's streaming service plans a relaunch, the executive discusses local original programming hits, increasing original content spending and investment from Comcast. https://www.hollywoodreporter.com/business/business-news/showmax-ceo-interview-africa-1235568741/
Microsoft said the deal makes for 'a substantially different transaction under UK law.' https://www.engadget.com/microsoft-will-sell-activision-blizzard-streaming-rights-to-ubisoft-in-attempt-to-win-uk-approval-075237079.html
As new variant EG.5 becomes dominant, the studio is asking some of its employees to mask up and self-test. https://www.hollywoodreporter.com/movies/movie-news/hollywood-studio-covid-rates-mask-mandates-back-1235571466/
https://www.livenowfox.com/news/hurricane-hilary-list-closures-cancellations-sports-events-theme-parks-attractions-socal-california
https://www.livenowfox.com/news/childrens-beds-recall-strangulation-death-risk
Wall Street analysts make their picks for which companies are best positioned for the second half of this year. https://www.hollywoodreporter.com/business/business-news/comcast-stock-roku-warner-earnings-season-1235566868/
https://www.livenowfox.com/news/nissan-recalling-236k-sentras-over-possible-steering-control-problem
https://www.livenowfox.com/news/looming-uaw-strike-could-cost-us-economy-more-than-5b-in-just-10-days
https://www.livenowfox.com/news/sonic-teachers-free-food-back-to-school
Bonnie Aarons suspects the studio is hiding the true amount of money it made off of merchandise exploiting her likeness. https://www.hollywoodreporter.com/business/business-news/the-nun-lawsuit-warner-bros-1235569562/
It reportedly would've given the platform's annual gross profit a $38 million boost. https://www.engadget.com/spotify-almost-removed-white-noise-podcasts-to-save-money-065639545.html
"We are not doing enough to support the tens of thousands of crew members and others who live paycheck to paycheck and depend on this industry for their livelihood," Bob Beitcher wrote in an open letter. https://www.hollywoodreporter.com/business/business-news/mptf-president-support-hollywood-crew-members-strikes-1235568435/
Many playwrights work as screenwriters and TV writers as a way to supplement their income and say they've been squeezed financially by both stage and screen in recent years. https://www.hollywoodreporter.com/business/business-news/playwrights-tv-film-work-1235568305/
"With a series of initial actions now taken" in the Swedish gaming company's restructuring program, its CEO says: "It is painful for all of us to have talents leaving the group, but we are doing everything we can to avoid corporate stupidity." https://www.hollywoodreporter.com/business/business-news/lord-of-the-rings-ip-embracer-revenue-restructuring-1235561691/
As Hollywood discloses quarterly reports for the first time since the dual work stoppage began, the financial hits are coming into focus while companies game out timetables for a deal. https://www.hollywoodreporter.com/business/business-news/strike-earnings-hollywood-sagaftra-wga-1235567738/
Studios and streamers that buy projects that have interim agreements would need to adhere to subscription revenue and residual asks — that is, until a new guild contract is finalized.
Dave Limp, Amazon’s Senior Vice President of Hardware and Services, has announced his pending retirement from the company.
While the UPS deal didn't result in a strike, past labor disputes between unions and companies over fair pay and better working conditions had different outcomes.
They blamed it on not having enough data.
www.hollywoodreporter.com
On Monday, in the wake of the court ruling, common shares in AMC predictably began to converge with the lower-cost APE shares.
www.livenowfox.com
The Miss Universe Organization has cut its ties with its Indonesian franchisee and will cancel an upcoming pageant in Malaysia after contestants complained to police, accusing local organizers of sexual harassment.
Would you change your name to ‘Subway’ to win a lifetime supply of subs?
www.livenowfox.com
Lit candles under the recall have cracked or broken at least 19 times, the CPSC said.
www.livenowfox.com
A possible Listeria contamination has prompted a recall of Real Kosher Ice Cream's Soft Serve On The Go cups. Two people have experienced an illness that led to hospitalization.
www.youtube.com
S&P Global CEO Doug Peterson joins 'Halftime Report' to discuss why he believes ESG should be standardized amid a new SEC proposal. For access to live and ex...
www.hollywoodreporter.com
Competition enforcers have increasingly taken notice of how industry consolidation has impacted wages and working conditions.
www.livenowfox.com
Some businesses haven't had a customer in months, while other companies are concerned about bankruptcy if the strikes continue.
www.engadget.com
As a potential FTC antitrust lawsuit looms in the background, Amazon plans to reduce its in-house brands.
awfulannouncing.com
While ESPN's Direct to Consumer future is front of mind for Disney CEO Bob Iger, linear television is too lucrative to move too quickly.
www.livenowfox.com
FBI agents killed a man who allegedly made threats against President Biden on social media. Craig Robertson was killed while FBI agents attempted to serve an arrest and search warrant at a residence in Provo, Utah. Robertson was killed the same day President Biden was visiting Utah. Prosecutors allege that Robertson posted about a camouflage suit and sniper in addition to other threats about Biden. More LiveNOW from FOX streaming video
www.engadget.com
President Joe Biden signed an executive order that puts new limits on American investment in certain types of Chinese tech firms..
The C.E.O. of the media giant has shifted focus to making more money from subscribers after losing billions in a bid to build scale.
www.hollywoodreporter.com
While Hasbro spent billions on eOne in the hopes of producing films like Marvel Studios, the Barbie company launched a film division but emphasized licensing for film and TV properties.
www.hollywoodreporter.com
Sony Corp. reported its latest financial results in Tokyo on Wednesday, with revenue at the pictures division down slightly to $2.3 billion.